Long CAT by Selling June 30 Put Spread 98.5/91.5

CAT pulled back after gapping up post earning. It started to re-bounce. I would like to long CAT by setting up a Put Spread.

Position:
June 30 Weekly option: -1x98.5 /1x91.5
Premium: $0.96
Max Risk: $604
Breakeven: $97.54
PoP: 73%
Target: 50% of the premium.